Landlord defaulted and didn't tell me

[UPINTHEMGUTS]

sorry to hear this UP.  What about a deed in lieu if the short sale isn't approved. If you have any questions feel free to PM me.  Curious who holds these mortgages on your block.

I will keep that in mind, thank you. But I have no reason to believe that the lender won't accept my buyer's offer. They would be stupid not to.

[newmom]

I will keep that in mind, thank you. But I have no reason to believe that the lender won't accept my buyer's offer. They would be stupid not to.

Well, wanna hear stoopid. My client (seller) holds 2 mtgs, both with bank of america. Only the 2nd mtg would be short 7k, the 1st would be paid in full. In CT, you have to pay committee of sale to foreclose (atty is committee). Committees of sale usually get 6 to 8k for costs (about 1k) the rest they pocket. So the bank denied the short sale, so now they will pay the committee, taxes (when due), winterize property, etc..Dumb fucks. I was shocked. I've done some that are getting short 20k but approved short sale.

[The Abdominal Snoman]

The game is over in America folks. Buying a home as an investment MAY NOT the best move for 90% of the people who live in America. If your dream is a white picket fence, start listening to the band Lucid delusion and think about another dream. Or else your city could easily turn into Detroit in the next 10 years.

[Roger Bacon]

It's all relative but on a national scale, home prices are still dropping. Some regions in the U.S. might have leveled off and held steady but as a whole, this housing market is not improving whatsoever. It's still completely fucked. There wiill still be great bargains 5-7 years from now even for people who foreclosed on their previous homes. The housing market makes up close to 30% of the U.S. economy.

Where do you see improvement? In the job market? LOL. Don't be misled by the private sector numbers.

Don't try and reason with him, he's ignorant beyond anyone anything on getbig...

[tbombz]

It's all relative but on a national scale, home prices are still dropping. Some regions in the U.S. might have leveled off and held steady but as a whole, this housing market is not improving whatsoever. It's still completely fucked. There wiill still be great bargains 5-7 years from now even for people who foreclosed on their previous homes. The housing market makes up close to 30% of the U.S. economy.

Where do you see improvement? In the job market? LOL. Don't be misled by the private sector numbers.

my comment was directed to tre and tre lives in my region.

the economy has been very slowly improving for a while now.  www.economist.com <-educate yourself

[tbombz]

Don't try and reason with him, he's ignorant beyond anyone anything on getbig...

without googling it, whats a better investment over the long term- a government bond or an index fund? short term?

[UPINTHEMGUTS]

my comment was directed to tre and tre lives in my region.

the economy has been very slowly improving for a while now.  www.economist.com <-educate yourself

Keep believing that horseshit propaganda that you read. In the meantime, I'm stocking up on canned food and arming myself one gun at a time for when the shit really hits the fan.

[newmom]

Keep believing that horseshit propaganda that you read. In the meantime, I'm stocking up on canned food and arming myself one gun at a time for when the shit really hits the fan.

up, don't worry, you can have a more intelligent conversation with a brick wall

[UPINTHEMGUTS]

up, don't worry, you can have a more intelligent conversation with a brick wall

I don't think the kid is being ignorant. Just a little misguided. I'm proud to be an american but seriously....the USA is FUCKED right now.

By the way..Wells Fargo holds the mortgages on my block

[newmom]

I don't think the kid is being ignorant. Just a little misguided. I'm proud to be an american but seriously....the USA is FUCKED right now.

By the way..Wells Fargo holds the mortgages on my block

Gee, what a shocker. Hope they approve it. Their one of the easier banks to deal with, unless it's FHA loan..those are brutal